SVRN amends and restates 2021 equity incentive plan, sets share reserve at 564,000 shares

SVRN•2026-10-13

SVRN adopted an amended and restated 2021 Equity Incentive Plan, effective Oct. 7, 2026, with a reserve of 564,000 common shares reflecting reverse stock splits in 2025 and 2026.

1. Plan details

The plan permits non-qualified options, stock appreciation rights, restricted stock, restricted stock units, other equity-based awards, dividend equivalents and cash awards. Options and stock appreciation rights have a maximum term of 10 years, and outstanding awards fully vest upon a change in control unless an award agreement specifies otherwise.

Sources

SVRN amends and restates 2021 equity incentive plan, sets share reserve at 564,000 shares

Sec

SVRN amends and restates 2021 equity incentive plan, sets share reserve at 564,000 shares

1. Plan details

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Sources

SVRN amends and restates 2021 equity incentive plan, sets share reserve at 564,000 shares

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